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Estimated Share
<br />Total Debt of Overlapping
<br />Outstanding Sinking Funds Net Debt Debt
<br />Direct Debt:
<br />City of Orono 17,039,900 $192,995 16,846,905 100.00 %1,352,005$
<br />ISD No. 276 (Minnetonka)119,195,000 2,029,744 117,165,256 0.25 292,913
<br />ISD No. 277 (Westonka)27,385,000 810,781 26,574,219 26.22 6,967,760
<br />ISD No. 278 (Orono)56,655,000 4,231,576 52,423,424 53.14 27,857,808
<br />ISD No. 284 (Wayzata)203,805,000 16,836,062 186,968,938 0.91 1,701,417
<br />Hennepin County 1,071,970,000 15,635,474 1,056,334,526 2.16 22,816,826
<br />Hennepin Suburban Park 54,980,000 5,324,926 49,655,074 2.98 1,479,721
<br />Hennepin Regional RR Authority 81,665,000 1,042,557 80,622,443 2.16 1,741,445
<br />Metropolitan Council 238,225,000 148,501,870 89,723,130 1.07 960,037
<br />1,853,880,000 194,412,990 1,659,467,010 63,817,927
<br />65,169,932$
<br />(1)
<br />Note 1:
<br />Note:
<br />Source 1:
<br />Source 2:
<br />
<br />Hennepin County
<br />Total Overlapping Debt
<br />Assessed value data used to estimate applicable percentages provided by the County Board of Equalization and Assessment.
<br />Debt outstanding data provided by the county.
<br />Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule
<br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of
<br />the City. This process recognizes that, when considering the ability to issue and repay long-term debt, the entire
<br />debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every
<br />taxpayer is a resident and, therefore, responsible for repaying the debt of each overlapping government.
<br />Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule
<br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of
<br />the City. Excludes revenue and special assessment bonds.
<br />Total Direct and Overlapping Debt
<br />The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages
<br />Overlapping Debt:
<br />Applicable
<br />Percentage
<br />Governmental Unit
<br />City of Orono, Minnesota
<br />Direct and Overlapping Governmental Activities Debt
<br />as of December 31, 2023
<br />Estimated
<br />Statistical Section (Unaudited)
<br />145
<br />Overlapping governments are those that coincide,Overlapping governments are those that coincide,atat least in part, with the geographic boundariespart, with the geographic boundaries of the City. This schedulethe City. This schedule
<br />Overlapping governments are those that coincide,Overlapping governments are those that coincide,atat leastleast in part, with the geographic boundariespart, with the geographic boundaries of the City. This schedulethe City. This schedule
<br />estimates the portionestimates the portion of the outstanding debtthe outstanding debt of those overlapping governments thatthose overlapping governments that is borne by the residents and businessesthe residents and businesses
<br />the City. Excludes revenue and special assessment bonds.the City. Excludes revenue and special assessment bonds.
<br />The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages
<br />180
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